United Spirits Reports Surge in Q1 Profit Amid Strategic Shift Toward Premiumization

United Spirits Reports Surge in Q1 Profit Amid Strategic Shift Toward Premiumization

BENGALURU – United Spirits Limited (USL), the Indian subsidiary of global beverage giant Diageo, has reported a robust start to the 2026-2027 fiscal year. Driven by an aggressive "premiumization" strategy and a significant focus on its high-end portfolio, the company saw its profit after tax (PAT) soar by more than 50% in the first quarter […]


The Premiumization of Reservations: OpenTable Leverages Gold Status to Combat Scalping and Reward Loyalty

The Premiumization of Reservations: OpenTable Leverages Gold Status to Combat Scalping and Reward Loyalty

In an era where a Friday night reservation at a Michelin-starred establishment has become as coveted—and as difficult to obtain—as a front-row concert ticket, the digital infrastructure of the dining industry is undergoing a seismic shift. OpenTable, a global leader in restaurant technology and a subsidiary of Booking Holdings, has officially announced the launch of […]


The End of the Premiumization Era: A Global Paradigm Shift in the Spirits Industry

The End of the Premiumization Era: A Global Paradigm Shift in the Spirits Industry

The global spirits industry, long buoyed by the "less but better" mantra of premiumization, has reached a definitive turning point. According to Spiros Malandrakis, Global Insight Manager of Alcoholic Drinks at Euromonitor International, the relentless upward trajectory of luxury spirits has collided with a harsh macroeconomic reality, signaling a prolonged slowdown that may be structural […]